High Street, Yarm, Stockton on Tees, TS15
- SIZE AVAILABLE
1,896 sq ft
176 sq m
- SECTOR
High street retail property to lease
- USE CLASSUse class orders: Class E
E
Lease details
- Lease available date:
- Now
- Lease type:
- Long term
- Furnish type:
- Unfurnished
Key features
- Highly visible location
- Prominent position
- Popular town centre
- Available for £40,000 per annum
- Rare opportunity
- Ground floor retail unit
- Ideally suited for restaurant use
- Occupied for a number of years as Santoros
Description
The property is situated within the prime pitch on the desirable High Street in Yarm, a previous winner of the national ''Best High Street'' award.
The town is home to a diverse range of retail, leisure and other businesses with major occupiers including Boots, Costa, Café Nero and Sainsburys together with a wide variety of independent retailers and boutiques, pubs and restaurants.
The property is situated in the centre of the town, opposite the Town Hall. Short stay car parking is available on the attractive cobbled High Street to the front of the property and in the long stay car park to the rear.
DESCRIPTION
The property provides a former restaurant occupied by Santoro for over 25 years and as a Chinese Restaurant for 20 years prior to this.
The property, arranged to provide a ground floor restaurant / sales area, kitchen / stores and WC, presents a rare opportunity on Yarm High Street and is suitable for a wide variety of retail, licensed or leisure uses subject to the necessary consents.
The rear stores provide a fully fitted kitchen including commercial ovens, pizza oven, fridge freezers, glass washer and dish-washer. The goodwill, fixtures and fittings are available to purchase with a £30,000 ingoing premium. A full list of F&F are available on request from Thomas Stevenson.
Externally the property benefits from communal private car parking and bin storage to the rear.
ACCOMMODATION
The property comprises the following approximate floor areas:
Sales Area / Restaurant: 131.78 sq m (1,418 sq ft)
Stores / Kitchen: 44.40 sq m ( 478 sq ft)
WC
PROPOSED TERMS
The property is available to let on a new effectively full repairing and insuring lease for a term of years to be agreed with rental offers invited in the region of £40,000 p.a.
RATEABLE VALUE
The property has a rateable value of £42,250 however this includes part of the first floor. Interested parties should therefore contact Stockton Borough Council to confirm the exact rates payable.
LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in the transaction.
VAT
All prices/rentals are exclusive of VAT if applicable.
VIEWING
Strictly by appointment through this office.
Contact
Jack Robinson / Paul Stevenson
Tel:
Email -
SUBJECT TO CONTRACT
Brochures
High Street, Yarm, Stockton on Tees, TS15
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Allens West Station1.1 miles
- Yarm Station1.1 miles
- Eaglescliffe Station1.4 miles
Notes
Disclaimer - Property reference 56HighSt. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Thomas : Stevenson, Middlesbrough. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.